N.J.S.A. 5:5-81 — Special permit; percentage of contributions payable to commission

5:5-81. Special permit; percentage of contributions payable to commission Notwithstanding any amount paid by any permit holder pursuant to the provisions of section 46 of the act to which this is a supplement and in satisfaction of any obligation of the special permit holder thereunder, the special permit holder shall pay to the commission for the special running race meeting held during 1962 a sum equal to 7 1/2 % of so much of the total contributions to all pari-mutuel pools conducted or made during such special running race meeting as does not exceed $40,000,000.00, and 8 1/2 % of so much of such total contributions as exceeds $40,000,000.00. L.1962, c. 17, s. 7.

This is the verbatim text of N.J.S.A. 5:5-81, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.